Disclosure Requirements) Regulations, 2015, please be informed that, today the Company has allotted 5,65,000 equity shares of Rs. 5/- each fully paid-up upon exercise of Employee Stock Option under Welspun Employee Stock Option Scheme-2005 (WELSOP-2005). The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company.
Post this allotment, the paid up equity share capital of the Company stand increased from Rs.130,47,46,975/- divided in to 26,09,49,395 equity shares of Rs. 5/- each to Rs. 130,75,71,975/-divided in to 26,15,14,395 equity shares of Rs. 5/- each.